Bridges Usa Inc
- Assets
- $8.0m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 80
- Location
- Memphis, TN
- Founding
- 03/1985
- Data as of
- 06/2022
- EIN
- 23-7081488
Organization Overview
Bridges Usa Inc is located in Memphis, TN. The organization was established in 1985. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. As of 06/2022, Bridges USA Inc employed 80 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Bridges USA Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Bridges USA Inc generated $3.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $3.6m during the year ending 06/2022. While expenses have increased by 3.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
BRIDGES MISSION IS TO UNITE AND INSPIRE DIVERSE YOUNG PEOPLE TO BECOME CONFIDENT AND COURAGEOUS LEADERS COMMITTED TO COMMUNITY TRANSFORMATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN FY22, BRIDGES ENGAGED 2,385 YOUTH, GRADES 6-12, FROM 45 ZIP CODES THROUGHOUT THE GREATER MEMPHIS AREA. THESE FIGURES REFLECT ALL YOUTH-SERVING PROGRAM-LEVELS AND LEADERSHIP GROUPS AT BRIDGES, INCLUDING THE THREE LEVELS OF BRIDGE BUILDERS--CONNECT, COLLABORATE, AND CHANGE--THE YOUTH ADVISORY BOARD (YAB), THE BRIDGE BUILDERS LEADERSHIP COUNCIL (BBCLC), AND GROUPS WITHIN THE YOUTH ACTION CENTER--SHELBY COUNTY YOUTH COUNCIL (SCYC), YOUTH JUSTICE ACTION COUNCIL (YJAC), AND INTERCORE. ALL BRIDGE BUILDERS PROGRAMMING IS DESIGNED TO ELICIT STUDENT GROWTH IN THREE CORE AREAS--LEADERSHIP, DIVERSITY APPRECIATION, AND COMMUNITY ACTION-AND YOUTH LEADERSHIP GROUPS, INCLUDING ALL YAC PARTNERSHIPS, ADDITIONALLY FOCUS ON YOUTH AGENCY AND YOUTH-ADULT PARTNERSHIP.
TEAM BRIDGES: TEAM BRIDGES PROVIDED EXPERIENCES FOR 2,666 PARTICIPANTS CONSISTING OF ELEMENTARY, MIDDLE AND HIGH SCHOOL STUDENTS, SCHOOL FACULTIES RANGING FROM ELEMENTARY TO COLLEGES/UNIVERSITIES, YOUTH AND ADULTS FROM WELL-KNOWN NON-PROFIT ORGANIZATIONS, FAITH BASED COMMUNITY GROUPS AND SIGNIFICANT CORPORATE CLIENTS IN THE MID-SOUTH REGION VIA EXPERIENTIAL LEARNING PRACTICES AND ADVENTURE EDUCATION TO CREATE STRONG TEAM BUILDING PROGRAMS, LEADERSHIP DEVELOPMENT WORKSHOPS, AS WELL AS PROVIDING INDIVIDUALS WITH THE OPPORTUNITY TO GROW PERSONALLY, PROFESSIONAL, AND EDUCATIONALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dana Wilson President & CEO | Officer | 40 | $138,308 |
Anne Dixon CFO | Officer | 40 | $93,446 |
Danish Siddiqui At Large | OfficerTrustee | 1 | $0 |
Nicole Cody At Large | OfficerTrustee | 1 | $0 |
Kyle Hatler Treasurer | OfficerTrustee | 1 | $0 |
Susan Christian Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $29,253 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $192,651 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,649,089 |
| Noncash contributions included in lines 1a–1f | $14,240 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,870,993 |
| Total Program Service Revenue | $442,322 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $200 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,313,515 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $231,754 |
| Compensation of current officers, directors, key employees. | $30,128 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,642,066 |
| Pension plan accruals and contributions | $53,423 |
| Other employee benefits | $209,830 |
| Payroll taxes | $142,174 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $41,438 |
| Advertising and promotion | $1,398 |
| Office expenses | $45,104 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $186,976 |
| Travel | $1,269 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,385 |
| Interest | $1,078 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $374,434 |
| Insurance | $99,947 |
| All other expenses | $22,506 |
| Total functional expenses | $3,569,348 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $826,903 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $94,612 |
| Accounts receivable, net | $1,043,953 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $91,732 |
| Net Land, buildings, and equipment | $5,898,540 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,400 |
| Total assets | $7,961,140 |
| Accounts payable and accrued expenses | $239,504 |
| Grants payable | $0 |
| Deferred revenue | $168,061 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $11,362 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $418,927 |
| Net assets without donor restrictions | $7,542,213 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,961,140 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Bridges Usa Inc has recieved totaling $1,070,866.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Greater Memphis Inc Memphis, TN PURPOSE: GENERAL OPERATIONAL SUPPORT | $915,352 |
Stand For Children Leadership Center Portland, OR PURPOSE: FELLOWSHIPS | $62,185 |
Canale Foundation Inc Memphis, TN PURPOSE: ADA UPGRADE PROJECT | $51,000 |
Polity Hillsdale, MI PURPOSE: TO ASSIST WITH THE BRIDGE BUILDERS PROGRAMMING | $20,000 |
Christian Community Foundation Of Memphis And The Mid-South Inc Memphis, TN PURPOSE: PROGRAM SUPPORT | $10,200 |
New Venture Fund Washington, DC PURPOSE: YOUTH DEVELOPMENT AND EDUCATION | $7,000 |
Endowment Analysis
| Beg. Balance | $23,176,311 |
| Earnings | -$3,388,058 |
| Admin Expense | $10,000 |
| Grants | $1,057,355 |
| Ending Balance | $18,720,898 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ums-Wright Corporation Mobile, AL | $47,143,779 | $23,485,444 |
Maryhurst Inc Louisville, KY | $15,797,492 | $20,397,392 |
Nc United Methodist Camp & Retreat Ministries Inc Garner, NC | $10,710,131 | $6,862,775 |
Boys & Girls Club Of Lanier Inc Gainesville, GA | $11,561,419 | $9,878,152 |
Bridges Usa Inc Memphis, TN | $7,961,140 | $3,313,515 |
Kidz Of Joy Learning Foundation Hazelwood, MO | $4,719,790 | $7,439,729 |
Progressive Agriculture Foundation Birmingham, AL | $1,602,954 | $2,339,463 |
Bingham Child Guidance Clinic Inc Louisville, KY | $1,140,180 | $564,382 |
Concerned Citizens For Our Youth Inc Jasper, AL | $2,606,099 | $944,991 |
Children 1st Community Development Services Atlanta, GA | $152,854 | $873,207 |
Jhett Micheal Scholars Foundation Inc Atlanta, GA | $37,855 | $825,305 |
Huntsville Soccer Club Inc Huntsville, AL | $473,605 | $851,936 |